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NBER Working Papers

From National Bureau of Economic Research, Inc
National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A..
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1036: Government Policies and the Allocation of Capital Between Residential and Industrial Uses Downloads
Patric Hendershott
1035: Flexible Exchange Rates and Interdependence Downloads
Rüdiger Dornbusch
1034: Towards an Explanation of National Price Levels Downloads
Irving B. Kravis and Robert Lipsey
1033: Money, Credit and Nonfinancial Economic Activity: An Empirical Study of Five Countries Downloads
Benjamin M. Friedman
1032: On the Adequacy or Inadequacy of Keynesian Balance-of-Payments Theory: A Rejoinder Downloads
Willem Buiter and Jonathan Eaton
1031: Crime and the Labor Market Downloads
Richard Freeman
1030: The Effects of Government Regulation on Teenage Motor Vehicle Mortality Downloads
Dennis C. McCornac
1029: Labor Force Entry and Exit of Older Men: A Longitudinal Study Downloads
Frederic P. Slade
1028: On Choosing a Flat-Rate Income Tax Schedule Downloads
Joel Slemrod and Shlomo Yitzhaki
1027: Investment versus Savings Incentives: The Size of the Bang for the Buck and the Potential for Self-Financing Business Tax Cuts Downloads
Alan Auerbach and Laurence Kotlikoff
1026: Taxation, Corporate Financial Policy and the Cost of Capital Downloads
Alan Auerbach
1025: The Theory of Excess Burden and Optimal Taxation Downloads
Alan Auerbach
1024: Issues in the Measurement and Determinants of Business Saving Downloads
Alan Auerbach
1023: Observations on the Indexation of Old Age Pensions Downloads
Lawrence Summers
1022: Swedish Firms Acquired by Foreigners: A Comparison of Before and After Takeover Downloads
Robert Lipsey and Linda O'Connor
1021: Empirical Studies of Macroeconomic Interdependence Downloads
John Helliwell and Tim Padmore
1020: The Impact of Public Health Policy: The Case of Community Health Centers Downloads
Fred Goldman and Michael Grossman
1019: The Value of Waiting to Invest Downloads
Robert L. McDonald and Daniel Siegel
1018: The U.S. Productivity Slowdown: A Case of Statistical Myopia Downloads
Michael Darby
1017: Financing and Investment in Plant and Equipment and Research and Development Downloads
Jeffrey Bernstein and M. Ishaq Nadiri
1016: Research and Development, Utilization and Labor Requirements: A Dynamic Analysis Downloads
Jeffrey Bernstein and M. Ishaq Nadiri
1015: Dynamic Factor Demands Under Rational Expectations Downloads
Robert Pindyck and Julio Rotemberg
1014: Optimal Financial Aid Policies for a Selective University Downloads
Ronald Ehrenberg and Daniel R. Sherman
1013: The Proper Measurement of Government Budget Deficits: Comprehensive Wealth Accounting or Permanent Income Accounting for the Public Sector Downloads
Willem Buiter
1012: Moving and Housing Expenditure: Transaction Costs and Disequilibrium Downloads
Steven Venti and David Wise
1011: Unemployment Insurance and Reservation Wages Downloads
Martin Feldstein and James Poterba
1010: The Natural-Rate Hypothesis, the Rational-Expectations Hypothesis, and the Remarkable Survival of Non-Market-Clearing Assumptions Downloads
Herschel Grossman
1009: Recent Trends in U.S. Trade and Investment Downloads
Robert Lipsey
1008: The Diffusion of Innovations: A Methodological Reappraisal Downloads
Manuel Trajtenberg and Shlomo Yitzhaki
1007: The Transition from School to Work: The Experiences of Blacks and Whites Downloads
Robert H. Meyer and David Wise
1006: The Determination of the Union Status of Workers Downloads
Henry S. Farber
1005: Profitability, Employment and Structural Adjustment in France Downloads
Pentti J.K. Kouri, Jorge Braga de Macedo and Albert J. Viscio
1004: An Optimal Taxation Approach to Fiscal Federalism Downloads
Roger Gordon
1003: Money and the Terms of Trade Downloads
Julio Rotemberg
1002: Sex-Related Wage Differentials and Women's Interrupted Labor Careers--The Chicken or the Egg Downloads
Reuben Gronau
1001: The Response of Short-Term Interest Rates to Weekly Money Announcements Downloads
V. Vance Roley
1000: Partial Retirement and Wage Profiles of Older Workers Downloads
Alan Gustman and Thomas L. Steinmeier
999: Factor Trade and Goods Trade Downloads
Lars Svensson
998: Cost-of-Living Adjustment Clauses in Union Contracts Downloads
Ronald Ehrenberg, Leif Danziger and Gee San
997: Adjustment to Expected and Unexpected Oil Price Changes Downloads
Nancy Marion and Lars Svensson
996: Arbitrage, Factor Structure, and Mean-Variance Analysis on Large Asset Markets Downloads
Gary Chamberlain and Michael Rothschild
995: Tax Policy, the Rate of Return, and Savings Downloads
Lawrence Summers
994: Do We Really Know That Financial Markets Are Efficient? Downloads
Lawrence Summers
993: Money Surprises and Short-Term Interest Rates: Reconciling ContradictoryFindings Downloads
John Makin
992: On Variable Capital Utilization and International Trade Theory Downloads
Lars Svensson
991: Oil Prices, Welfare and the Trade Balance: An Intertemporal Approach Downloads
Lars Svensson
990: Unionization and Firm Performance: The Impact on Profits, Growth and Productivity Downloads
Kim B. Clark
989: The Role of Overlapping-Generations Models in Monetary Economics Downloads
Bennett McCallum
988: Identification in Tax-Price Regression Models: The Case of Charitable Giving Downloads
Daniel Feenberg
987: Inflation, Monetary Velocity, and Welfare Downloads
Paul Krugman, Torsten Persson and Lars Svensson
986: Social Security and Labor Supply Incentives Downloads
Roger Gordon
985: Union Wage Settlements During a Disinflation Downloads
John Taylor
984: Covered Interest Parity, Uncovered Interest Parity, and Exchange Rate Dynamics Downloads
Jonathan Eaton and Stephen J Turnovsky
983: Equilibrium and Disequilibrium Exchange Rates Downloads
Rüdiger Dornbusch
982: Issues in the Coordination of Monetary and Fiscal Policy Downloads
Alan Blinder
981: Production Technology Differences Between Canadian-Owned and Foreign-Owned Firms Using Translog-Production Functions Downloads
Vittorio Corbo and Oli Havrylyshyn
980: Monetary Policy with a Credit Aggregate Target Downloads
Benjamin M. Friedman
979: Are Unemployment and Out of the Labor Force Behaviorally Distinct Labor Force States? Downloads
Christopher Flinn and James Heckman
978: A Monetary Equilibrium Model with Transactions Costs Downloads
Julio Rotemberg
977: Labor Force Participation: Timing and Persistence Downloads
Kim B. Clark and Lawrence Summers
976: Life-Cycle Effects on Consumption and Retirement Downloads
Daniel Hamermesh
975: Unemployment with Observable Aggregate Shocks Downloads
Sanford Grossman, Oliver Hart and Eric Maskin
974: A Transactions Based Model of the Monetary Transmission Mechanism: Part 2 Downloads
Sanford Grossman
973: A Transactions Based Model of the Monetary Transmission Mechanism: Part 1 Downloads
Sanford Grossman and Laurence Weiss
972: A Theory of Expropriation and Deviations From Perfect Capital Mobility Downloads
Jonathan Eaton and Mark Gersovitz
971: Anticipations, Recessions and Policy: An Intertemporal Disequilibrium Model Downloads
Olivier Blanchard and Jeffrey Sachs
970: The Optimal Level of Social Security Benefits Downloads
Martin Feldstein
969: The Welfare Cost of Social Security's Impact on Private Saving Downloads
Martin Feldstein
968: An Extended Accelerator Model of R&D and Physical Investment Downloads
Jacques Mairesse and Alan K. Siu
967: Tax Policy and Foreign Direct Investment in the United States Downloads
David G. Hartman
966: The Fiscal Framework of Monetary Policy Downloads
Martin Feldstein
965: Government Debt and Private Leverage: An Extension of the Miller Theorem Downloads
Robert L. McDonald
964: The Economic Effects of Government Expenditures Downloads
Laurence Kotlikoff
963: Exchange Rates, Inflation and the Sterilization Problem: Germany, 1975-1981 Downloads
Maurice Obstfeld
962: Pension Wealth and Household Savings: Tests of Robustness Downloads
Louis Dicks-Mireaux and Mervyn A. King
961: Comparing Productivity Growth: An Exploration of French and U.S. Industrial and Firm Data Downloads
Zvi Griliches and Jacques Mairesse
960: International Portfolio Diversification: Short-Term Financial Assets and Gold Downloads
Jorge Braga de Macedo, Jeffrey A. Goldstein and David M. Meerschwam
959: Optimal Currency Diversification for a Class of Risk Averse International Investors Downloads
Jorge Braga de Macedo
958: The Reaction of Stock Prices to Unanticipated Changes in Money Downloads
Douglas Pearce and V. Vance Roley
957: Pension Funding, Pension Asset Allocation, and Corporate Finance: Evidence From Individual Company Data Downloads
Benjamin M. Friedman
956: Valuing Pensions (Annuities) with Different Types of Inflation Protection in Total Compensation Comparisons Downloads
James Pesando
955: Taxes, Firm Financial Policy and the Cost of Capital: An Empirical Analysis Downloads
Alan Auerbach
954: The Theory of Local Public Goods Twenty-Five Years After Tiebout: A Perspective Downloads
Joseph Stiglitz
953: OSHA Enforcement, Industrial Compliance and Workplace Injuries Downloads
Ann P. Bartel and Lacy Glenn Thomas
952: Long Run Trends in Patenting Downloads
John J. Beggs
951: Tax Effects on the Allocation of Capital Among Sectors and Among Individuals: A Portfolio Approach Downloads
Joel Slemrod
950: General Equilibrium and Business Cycles Downloads
Fischer Black
949: A Synthesis of Keynesian, Monetary, and Portfolio Approaches to FlexibleExchange Rates Downloads
Thorvaldur Gylfason and John Helliwell
948: Are High Income Individuals Better Stock Market Investors? Downloads
Martin Feldstein and Shlomo Yitzhaki
947: Domestic Saving and International Capital Movements in the Long Run and the Short Run Downloads
Martin Feldstein
946: Cost Implications of Hospital Unionization: A Behavioral Analysis Downloads
David Salkever
945: Bubbles, Rational Expectations and Financial Markets Downloads
Olivier Blanchard and Mark Watson
944: Pensions as Severance Pay Downloads
Edward Lazear
943: Are Inflation Rates Different for the Elderly? Downloads
Michael J. Boskin and Michael Hurd
942: World Shocks, Macroeconomic Response, and the Productivity Puzzle (Rev) Downloads
Michael Bruno
941: The Leading Indicator Approach to Economic Forecasting--Retrospect and Prospect Downloads
Philip A. Klein and Geoffrey H. Moore
940: Minimum Hours Constraints and Retirement Behavior Downloads
Alan Gustman and Thomas L. Steinmeier
939: Torts in Which Victim and Injurer Act Sequentially Downloads
Steven Shavell
938: Pension Funding Decisions, Interest Rate Assumptions and Share Prices Downloads
Martin Feldstein and Randall Morck
937: Products Liability, Consumer Misperceptions, and Market Power Downloads
A. Mitchell Polinsky and William P. Rogerson
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